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Cryptocurrency: Proof Of Purchase, Adam Johnson, Robert Breckenridge, Kara Lucord Jan 2016

Cryptocurrency: Proof Of Purchase, Adam Johnson, Robert Breckenridge, Kara Lucord

Capstone Design Expo Posters

The original purpose of this project was to research the capabilities of a relatively new cryptocurrency platform known as Ethereum. Extensive research brought to light Ethereum’s wide range of developmental capabilities and shifted our focus to the consideration of how the features that Ethereum offers can be used to improve some of the flaws within the world of cryptocurrency. Some cryptocurrency users find these systems useful, because it gives them a means of anonymity. This makes it pretty easy to launder money, make illegal purchases, and double spend. Our solution solves all of these issues, by tying a digital currency …